FX.co ★ #MCD D1: Bearish Rectangle

According to the chart of D1, #MCD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 312.43 - 0.00 and support 301.56 – 301.56. In case the resistance level 301.56 - 301.56 is broken, the instrument is likely to follow the bearish trend.